Shares of Wealth Minerals Ltd. (CVE:WML – Get Free Report) were up 22.2% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 285,244 shares were traded during mid-day trading, an increase of 158% from the average daily volume of 110,405 shares. The stock had previously closed at C$0.05.
Wealth Minerals Trading Up 22.2%
The company has a current ratio of 15.96, a quick ratio of 4.30 and a debt-to-equity ratio of 0.07. The company’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06. The firm has a market capitalization of C$18.48 million, a P/E ratio of -1.83 and a beta of 0.55.
About Wealth Minerals
Wealth Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, as well as precious metals and copper deposits. Its flagship property comprises the 100% owned Yapuckuta project that consists of 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.
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